Currency News

Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 2

Welcome to Currency News. Our aim is simple: deliver expert financial comment and analysis on the world currency markets and exchange rates. The latest currency news, exchange rate forecasts, currency predictions and forex data at your fingertips. International payments? Maximise your foreign currency transfers today.

Latest Currency News Headlines

EUR USD Exchange Rate Flops on Rising Signs of March Fed Rate Hike

15 Feb 2017 at 3 PM - Written by James Fuller

The Euro to US Dollar exchange rate continued to climb on Thursday afternoon. At the time of updating, the pair had hit a new weekly high of 1.0674. Investors bought the Euro from its cheapest levels throughout the day despite a lack of fresh supportive Eurozone data. Expectations that Greek debt relief talks would see quick and smooth developments also bolstered demand for the shared currency on Thursday. [Previously...

CATEGORIES: Daily Currency Updates Euro Forecasts Euro Pound Forecasts

UK Jobs Data Shows Slowing Wage Growth, GBP USD Exchange Rate Falls

15 Feb 2017 at 11 AM - Written by Toni Johnson

The British Pound to US Dollar exchange rate made modest gains during Thursday’s European session, despite this week’s impressive US data. As ‘Greenback’ traders focused on stock markets and anticipate US President Trump’s upcoming tax reform plans, the US currency remained jittery. Sterling was bought from its lows on Thursday amid a lack of fresh UK data, giving the currency some breathing room. [Previously...

CATEGORIES: Currency Predictions Daily Currency Updates Dollar Pound Forecasts

Weaker German GDP Failed to Shore up GBP EUR after Disappointing UK Inflation

14 Feb 2017 at 4 PM - Written by John Cameron

The British Pound to Euro exchange rate continued to perform poorly on Wednesday afternoon. However, the Euro was weakened during the American session by a surge of USD demand allowing GBP/EUR to hold above its worst levels. Movement in the Pound to Euro exchange rate is likely to be quiet on Thursday due to a lack of fresh economic news from Britain or the Eurozone. Investors will likely pay close attention to the G20 finance...

CATEGORIES: Currency Predictions Euro Forecasts

GBP INR Daily Exchange Rate News: Advance seen ahead of Key UK Inflation Figures

13 Feb 2017 at 4 PM - Written by James Fuller

The British Pound to Indian Rupee exchange rate remained weak throughout Tuesday’s European session as the morning’s UK inflation data disappointed Sterling traders. Strong demand for emerging market currencies like the Indian Rupee remained strong throughout the day, even after Federal Reserve interest rate hike bets improved following comments from Fed Chairwoman Janet Yellen. [Previously updated 11:00 GMT]...

CATEGORIES: Pound Sterling Forecasts

GBP to AUD Exchange Rate Advances as Risk-Sentiment Fades

13 Feb 2017 at 11 AM - Written by Ben Hughes

The Pound to Australian Dollar exchange rate’s losses were minimised on Tuesday afternoon, as markets suddenly took a risk-off turn and sold the ‘Aussie’ due to an increase in demand for the US Dollar. Perceived hawkishness from Federal Reserve Chairwoman Janet Yellen left risky currencies like the ‘Aussie’ weaker on Tuesday afternoon, allowing the weak Pound to claw back some of its losses. [Previously updated...

CATEGORIES: Currency Predictions Daily Currency Updates Pound Australian Dollar Forecasts

Narrowed UK Trade Deficit Failed to Shore up GBP JPY Exchange Rate

10 Feb 2017 at 2 PM - Written by Frank Davies

In spite of December’s UK trade deficit narrowing further than forecast alongside a surge in industrial production figures the Pound Sterling Japanese Yen (GBP JPY) exchange rate remained weak ahead of the weekend. Solid UK Data Struggled to Boost GBP Demand While the UK visible trade balance was found to have narrowed from -11.5 billion to -10.8 billion this was not enough to particularly boost the appeal of the...

CATEGORIES: Currency Predictions Japanese Yen Forecasts Pound Sterling Forecasts

UK Production Figures Exceed Forecasts, GBP INR Exchange Rate Accelerates

10 Feb 2017 at 11 AM - Written by Toni Johnson

GBP INR Exchange Rate Climbs on News of Rising UK Manufacturing Production Activity The morning’s UK ecostats have proven beneficial to GBP INR, with rising manufacturing production figures in December boosting support for Sterling. Other data has seen annual industrial production more than double from 2.2% to 4.3%, while the December trade balance has seen a deficit reduction from -3.56bn to -3.30bn. Less supportive...

CATEGORIES: Pound Rupee Forecasts

GBP/EUR, GBP/USD Boosted; Major Downside Risks Seem Spent

9 Feb 2017 at 1 PM - Written by Frank Davies

The British Pound to Euro exchange rate trended relatively flatly on Friday, while the British Pound to US Dollar exchange rate slipped by around -0.2%. Despite impressive UK trade data and a strong GDP estimate from NIESR, the Pound performed limply throughout the day. The US Dollar failed to capitalise however, as Michigan University’s preliminary February confidence report fell further than expected. [Previously Updated...

CATEGORIES: Dollar Pound Forecasts Euro Forecasts Euro Pound Forecasts Pound Sterling Forecasts

GBP to CAD Exchange Rate Advances as Fresh Oil Concerns Emerge

9 Feb 2017 at 12 PM - Written by Ben Hughes

The British Pound to Canadian Dollar exchange rate plunged on Friday afternoon. While the day’s UK data was impressive, the day’s strong Canadian employment report came as a real surprise to traders. Not only did Canada avoid losing -5k jobs in January, it made 48.3k new jobs. The participation rate increased from 65.8% to 65.9% and despite this the unemployment rate still unexpectedly improved from 6.9% to 6.8% - making it...

CATEGORIES: Canadian Dollar Forecasts Currency Predictions Daily Currency Updates

GBP ZAR Exchange Rate Trends Narrowly Ahead of Zuma State of the Nation Address

8 Feb 2017 at 4 PM - Written by Ben Hughes

The British Pound to South African Rand exchange rate flattened on Thursday afternoon, slumping from its weekly highs due to lower Bank of England (BoE) tightening bets. Investors became less optimistic about the foreseeable future of UK monetary policy once it emerged that BoE hawk Kristin Forbes was stepping down from the Monetary Policy Committee (MPC) in June. [Previously Updated 08/02/2017] Unexpectedly hawkish...

CATEGORIES: Pound Rand Forecasts Pound Sterling Forecasts